Get ₹22,550 back (100%)
on your GRE General Test

This offer is open to Indian citizens pursuing graduate studies (master’s and MBA) in the U.S. and Canada in 2024 and who have:

1) either already purchased the GRE General Test through ETS or will purchase it ; 

2) applied to one of MPOWER’s listed schools;

3) not previously submitted a loan application to MPOWER prior to this promotion;

4) Checked prequalification for an MPOWER loan by September 31, 2024; and

5)  received an MPOWER loan approval with the first school disbursement sent in 2024.

Applicants must become eligible for the current Incentive Program by September 31, 2024, at 11:59 p.m. EST. All qualifying applicants who buy the GRE through ETS (anytime) and check their prequalification through MPOWER by September 31, 2024 (and have not previously applied with MPOWER prior to those two events) will be eligible to receive this incentive offer. 

For an application to be considered submitted, the online MPOWER application must be completed  and the applicant must upload their unexpired, government issued photo identification.

You can expect to receive the reimbursement once your MPOWER loan is disbursed in 2024. Following loan disbursement, MPOWER will email you (at the email address you used during your prequalification check) detailed instructions on how to claim the amount. 

You can choose how you receive your amount – either directly on a Mastercard gift card or via an electronic gift card from a range of vendors, including Amazon, BestBuy, Airbnb, Dominos, Delta Airlines and more. The reward will be fulfilled on behalf of MPOWER by a third party partner.

No, this offer is applicable solely to students at schools eligible under MPOWER’s loan program in the U.S. and Canada.

This offer is only applicable to Indian citizens who are planning to commence their graduate studies in either the U.S. or Canada in 2024. If you defer your attendance to 2025, you will no longer be eligible for this reward.

No, you must complete a pre-qualification check to be eligible for this promotion.

Using a different email address for checking prequalification and subsequently applying for an MPOWER loan may result in a loss of eligibility for this promotion.

We highly recommend using the same email consistently throughout the process, as MPOWER will communicate regarding the offer to the official email address provided during prequalification.

No, only new loan applicants are eligible for this offer.

Yes, as long as you have not already applied for an MPOWER loan prior to the prequalification request.

Yes, as long as you have not already applied for an MPOWER loan.

No. To earn the incentive, you must be approved for a loan with MPOWER and the loan must be disbursed.

Yes. We reserve the right to change the program at any time without prior notice. Details of the incentive and additional terms will be available on this web page, as well as the incentive invitation and accompanying promotional materials.

Depending on your personal situation and circumstances, you may owe tax on any incentive/reward you earn. Please consult with your personal tax advisor for more information regarding your potential tax liabilities. If legally required for U.S. tax purposes, we will send you the appropriate tax reporting form for you to use when filing a U.S. tax return.

MPOWER Financing, Public Benefit Corporation (“MPOWER”) of 1101 Connecticut Avenue NW, Suite 900, Washington, District of Columbia 20036, and other affiliates (collectively, “we,” “MPOWER” or “Company”) may, from time to time, offer the opportunity to earn incentives while applying for an MPOWER loan before a deadline (“MPOWER Incentive Program” or “program”).  Participants in the  MPOWER Incentive Program are subject to MPOWER Terms of Service and Privacy Policy, as well as the following additional Terms & Conditions for the Incentive Program. MPOWER reserves the right to amend the terms of the Incentive Program, Terms of Service, and/or Privacy Policy at any time without prior notice. By participating in the Incentive Program or any promotions similar to the Incentive Program, the participant acknowledges that he/she has read and agrees to be bound by the Terms of Service, Privacy Policy, and these Terms & Conditions for the Program.

A student must buy the GRE General Test through ETS (anytime), complete a prequalification through MPOWER check by September 31st, 2024 and submit a loan application to MPOWER. If the applicant has not previously submitted an application to MPOWER, the applicant will be considered initially eligible for the incentive program.

To receive the incentive, the student must be approved and accept an MPOWER loan, and the disbursement to the school must take place in the 2024 calendar year. 

After MPOWER makes its first loan disbursement to the applicant, they will receive 100% of their ETS GRE fee in the form of a stored value card or gift card.

To be initially eligible for this Incentive Program, an applicant must:

• Be at least 18 years old.
• Have applied or been accepted to a listed MPOWER school in the US or Canada.
• Upload their ID and submit an application on or before September 31, 2024.
• Not have previously submitted a loan application to MPOWER
• Not be an employee of MPOWER or any of its or their subsidiaries, third-party servicers, agents, affiliates, promotional agencies, including immediate family and household members.

A qualified applicant for Incentive Program means:

• The applicant must buy the GRE General Test through ETS (anytime) 
• The applicant has completed a prequalification check through MPOWER on or before September 31, 2024.
• The applicant must upload their ID and submit their application, and complete their application by uploading the requested documents.
• The applicant must be approved and accept MPOWER’s loan terms, and the first school disbursement must be in the 2024 calendar year.
• The applicant has not previously applied for an MPOWER student loan (regardless of the email address or alias).

Rewards are subject to verification. MPOWER may delay a reward for the purposes of investigation. MPOWER may also refuse to verify and process any transaction MPOWER deems, in its sole discretion, to be fraudulent, suspicious, in violation of these Terms and Conditions, or beliefs will impose potential liability on MPOWER, its subsidiaries, affiliates, or any of their respective officers, directors, employees, representatives, and agents.

All of MPOWER’s decisions are final and binding, including decisions as to whether a qualified applicant or reward is verified.

This ETS test fee partial rebate (the “Offer”) is made by MPOWER Financing, PBC (“MPOWER”) who is solely responsible for its fulfillment. Neither ETS/India or its parent, ETS are responsible for any aspect of the Offer and all questions/issues related to the Offer should be directed to MPOWER.

MPOWER Loans are available to undergraduate and graduate, domestic and international students enrolled at eligible universities or working in the U.S. after graduation. We require our borrowers to be at least 18 years old or the age of majority, and within two years of graduation. For more detailed information on loan eligibility, please see our FAQ page.

MPOWER reserves the right to cancel or amend the Incentive Program, including these Terms & Conditions, in its sole discretion, at any time, without prior notice. MPOWER reserves the right to disqualify you from the Incentive Program if you violate any of the Incentive Program’s Terms & Conditions, or otherwise abuse this program, as determined by MPOWER in its sole and absolute discretion.